Pandemic Purchasing Trends
The pandemic sparked a surge in impulse buying, with luxury items like Rolex watches seeing astronomical resale values. This behavior highlights how possessions can confer status, as people often buy items not just for their utility but for the social signals they send. The discussion also reveals that hoarding and minimalism are two sides of the same coin, both reflecting deeper psychological motivations behind our consumption habits.In this clip
From this podcast
EconTalk
Minimalists and Hoarders (with Michael Easter)
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